Result of AGM

12 October 2011

Cambium Global Timberland Limited (the "Company")

Results of the Annual General Meeting ("AGM")

At the AGM of the Company, held on Wednesday, 12 October 2011, all proposed resolutions as set out in the notice were duly passed by shareholders and this included the special business as follows:

SPECIAL BUSINESS

8. To recommend that the Board of Directors pay a final dividend of 3 pence per share;

9. To authorise that the Company's investment policy, as set out in the notice, be approved and affirmed;

10. To grant standing authority such that the Company be authorised generally and without conditions to make market purchases of its ordinary shares, subject to various conditions.

The final dividend of 3 pence per share is payable to shareholders registered at the record date, 12 August 2011. The payment date is 20 October 2011 and dividends will be paid gross. Shareholders who are resident in Jersey are reminded that they must declare their dividend to the tax office upon submitting their annual return.

For more information:

Investment Manager

CP Cogent Asset Management

Rich Standeven / Matt Haertzen

+1 214 871 5400

Broker

Matrix Corporate Capital LLP

Paul Fincham / Jonathan Becher

+ 44 (0) 20 3206 7000

Nominated Adviser

PwC

Melville Trimble / Krysia Sturgeon

+ 44 (0) 20 7213 8898 / + 44 (0) 20 7212 5504